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The
following report is derived from Barnstable County
Register of Deeds, John F. Meade.
Barnstable County Register of Deeds, John F. Meade,
reports that the volume of real estate sales in
July 2007 was down 1.5% from July 2006
volume and the total value of sales was down 9.5%
from the previous year. The median
individual property sale value was down 5.3%
from the previous year. There was a 17.1%
decrease in the volume of mortgage activity from
July 2006 levels.
Year
to Date: Volume of Sales is down 0.3%; Total Value
of Sales is down 15%; Individual Sales Value is down
8.4%; Mortgage Volume is down 10.8%.
Register
Meade reports that there were 518 deeds
recorded at the Barnstable Registry of Deeds in
July 2007 with stated sales values above
$50,000.00 representing a stated value of
$240,902,130.00 in county-wide real estate
sales.
Based on
all property sales valued above $50,000.00, the
median sale price of property in
Barnstable
County
in July was $345,500.00.
There
were 1,457 mortgages recorded with values
above $50,000.00 in July with a total value
of $417,239,157.00. The median
mortgage amount, commercial, residential or other,
was $204,120.00.
By way
of comparison, there were 526 deeds recorded
at the Barnstable Registry of Deeds in July
2006 with stated sales values above $50,000.00
representing a stated value of $266,175,690.00
in county-wide real estate sales. Based on all
property sales valued above $50,000.00, the
median sale price of property in
Barnstable
County
in July was $365,000.00.
There were 1,693 mortgages
recorded with values above $50,000.00 in July
with a total value of $467,607,846.00. The
median mortgage amount, commercial,
residential or other, was $210,000.00.
REAL ESTATE ACTIVITY THROUGH JULY 2007 AS COMPARED
TO THE SAME PERIOD IN 2006.
All
figures are based on sales or mortgages ABOVE
$50,000.00.
2007
sales volume: 3,768
2006 sales volume: 3,781
2007
total sales value: $1,877,156,214.00
2006 total sales value: $2,209,568,535.00
2007
median sales price: $340,000.00
2006 median sales price:
$371,000.00
2007
mortgage volume: 11,860
2006 mortgage volume: 13,301
2007
total mortgage value: $5,103,172,148.00
2006 total mortgage value: $5,856,287,332.00
2007
median mortgage amount: $230,000.00
2006 median mortgage amount: $216,000.00
TRAILING TWELVE MONTHS
MEDIAN SALES VALUE:
(Sales values above $50,000.00)
M/Y Value % Differential/prior month
July 2006:
$365,000.00 -6.4%
Aug
2006: $350,000.00 -4.1%
Sep 2006: $360,000.00 +2.9%
Oct 2006: $373,500.00 +3.8%
Nov 2006: $355,000.00 -4.8%
Dec 2006: $350,000.00 -1.4%
Jan
2007: $350,000.00 0%
Feb 2007: $338,750.00 -3.2%
Mar 2007: $349,000.00 +3%
Apr 2007: $340,000.00 -2.6%
May 2007: $325,000.00 -4.4%
June 2007: $338,000.00 +4%
July 2007: $345,500.00 +2.2% |
